Ask HN: Selling a Startup?

Re:Ask HN: Selling a Startup? by michael_dorfman on Thursday July 02, 2009 @11:25AM (#684535)

Step 1: figure out who the potential buyers are. Competitors? Other's in the same industry who could find a network effect? Who would be uniquely able to extract more value out of the site than you were?

Step 2: approach them.

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Re:Ask HN: Selling a Startup? by jimmyrr on Thursday July 02, 2009 @12:31PM (#684664)

imho, selling for $100k is harder than selling for a few million. Ask yourself why a company would buy you:

- are you accretive to existing biz models?

- are you disruptive to existing biz models?

- do you have amazing technology? <-- i hope not for you, this is always the hardest to sell.

In short, I think selling a startup for 100k is like selling a vintage, pristine '71 Ford Pinto. To the exact right buyer, somehere, it might be worth 100k - but to the general population it's worth about the same as a tall latte.

Best of luck!

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Re:Ask HN: Selling a Startup? by rrival on Thursday July 02, 2009 @12:43PM (#684682)

Thanks - that's probably why there seems to be such a dip in prices on the aforementioned "site markets."

We're definitely not opposed to shifting the decimal point if it'd make things easier ;)

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